More than 50 GW of new solar projected in 2024
A report from the U.S. Energy Information Administration projects about 45 GW of solar projects larger than 1 MWac to be installed in 2024, while Wood Mackenzie estimates 8 GW of small-scale solar.
NYC area energy storage developer nets $225 million investment
Following the investment round from Manulife Investment Management, NineDot Energy has now secured a capital base of $400 million.
BlackRock increases stake in SolarEdge to 15.8%
U.S. investment firm BlackRock says it has increased its ownership interest in Israel’s SolarEdge.
The effect of PV plants on albedo, vegetation, land temperature
Scientists have used remote sensing to analyze the effect solar farms have across 116 sites worldwide. They found that the cooling effect is higher during the daytime, with albedo decreasing by 0.016 for most facilities.
Ohio’s largest solar complex activates its first phase
The first 194 MW of a 749 MW solar project was activated by EDF Renewables North America and Enbridge.
IEA-PVPS releases cross-sectional evaluation tool for BIPV
The market for building-integrated photovoltaics (BIPV) is evolving, necessitating the development of a comprehensive interdisciplinary evaluation methodology. IEA-PVPS Task 15 developed a cross-sectional evaluation tool, designed for architects, developers, and other stakeholders involved in BIPV projects. Through a step-by-step process, this methodology addresses economic, energy-relevant, environmental, and visual performance, providing a robust tool for comparing and optimizing BIPV installations.
Maryland YMCA to cut energy costs with rooftop solar
Secure Solar Futures installed a 222 kW solar array on a Maryland YMCA, which is expected to save about $100,000 on electricity bills.
Auxin Solar files lawsuit against U.S. government for Biden solar tariff pause
The small solar panel manufacturer filed suit against the U.S. Department of Commerce and Customs and Border Patrol related to the pause of tariffs on goods in alleged antidumping violations.
New solar tree design offers improved module cooling, lower shading losses
Researchers in Hungary have proposed to build photovoltaic trees with a significant distance between the solar panels. The proposed sunflower-shaped design reportedly reduces shading losses between the panels while improving cooling and heat dissipation.
Canadian farm lobby presents renewable energy proposal
Rural land for renewable generation should be considered as a last resort, developers should restore environments post-project, and hosting “site objections” should be considered, the Ontario Federation of Agriculture (OFA) says in its submission regarding proposed renewable energy legal changes in the Canadian state of Ontario.
